Asalam alikum faheem sb Sir aik vedio bnain jis main retire mulazim ke jis ne half tax year salary li phir retire ho gaya aur baqya half tax year wo pention leta raha hay, Us main sir leave incashement ,graduaty, GP fund ye sari values btain kahan adjust kren❤
Sir i filed my 2017-2018 Return with 1920PKR Extra Paid tax which was shown as 1920PKR as refunable in 2018-19 Return and i also adjusted 1920PKR in 2018 -19 Return. Now FBR issue me notice that i need to provide proper verification against 1920PKR . Kindly suggest.
نہیں سر... اتنی ہی ایڈجسٹ منٹ لینے کی کوشش کی جتنا ٹیکس درکار ہے لیکن سسٹم ایڈجسٹ منٹ نہیں دے رہا ہے... میرا ریفنڈ دوہزار تئیس میں دو چھتیس کے کی وجہ سے بن گیا... آج ہی میں نے کل ریفنڈ کی بجائے درکار ٹیکس کی اماونٹ ڈالی لیکن سسٹم اسے زیرو کر دیتا ہے...
Technically it is incorrect. The field has been blocked by FBR becoz tax once filed and refund if any is calculated the same will be refunded by FBR on claim lodged by tax payer. What u are telling is Jugar pls comment!! BTW your logs are extremely useful 👏
Sir very informative video. Sir kindly tell if DC value of a sold house is more than the actual sale value. Advance tax is paid on the DC value. Which value should be written in the return?
Sir salary person already pay the tax in advance and year end also advance tax is paid on utilities bill At which column we have to add utility tax to get add in refundable amount
Go to the "Adjustable Tax section", then : "Electricity Bill of Domestic Consumer u/s 235" "Telephone Bill u/s 236(1)(a)" "Cellphone Bill u/s 236(1)(a)" You can add the amount in these boxes by clicking + sign on the right side
فہیم صاحب ! یہ پچھلے سالوں کے ریفنڈ کس کوڈ میں جمع کرکے پھر اسے کمپیٹوشن میں جاکر ریفنڈ ایڈجسٹ جو جائے گا ۔ آپ لیکچر سے ریٹرن میں کوڈ واضح بتایا کریں ۔شکریہ
Sir, If a salary person regular 4 year refund e.g. Rs. 1000+1000+1000+1000= Rs. 4000 how to adj. If company deducted every year withholding from salary. Please guide
M ney pichley 3 sal ka refund adjustable m nhi likha ab m 3 sal ki return rewise ker k usey adjustable m dal ker 24 ki return m tax payment m adjust kerwa.sakta hu kia
i did a mistake on 2023 submission, i didnt add 2% property tax in refunable tax as i dont know this was refundable, now in 2024 how to claim last year 2% WHT on property to adjust in admited tax?
my admitted tax is around 155k and I have tax refundable around 165 from last year how to adjust the same with this year as I am unable to do the same in this year
agar refund adjust ker k bhi bachta hai to kia wo bank main account main automatic return ho sakta hai?? actually har saal utility bills main bht ziada advance tax withhold ho jata hai.hamesha tax liability se ziada h withhold hoa hta hai??
@@faheempracticallearning I mean Last year ka jo Tax Refund tha Suppose 100 is Year 2023 ma hum na 50 Adjust kar liya and system na accept b kar liya. Ab to remaining 50 ha 2022 ka , kya wo 2024 ma hum dubara adjust kar sakty hai?
I purchase a plot on installment however, I show full payment in the IT return and remaining amount shown in liabilities. Can I now show the payment made till todate in the IT return OR I have to revise my last IT return Plz guide
I have refund available from previous years, and this year I have more refund. So looks like my refund is being accumulated for possibly future years. How can I claim that refund? Will it be manually, if so how do to so? Thanks!
Sir, my special savings certificates profit is more than 5 million, falling in normal tax in " Other sources". This profit is from three years( 2021, 22 and 23). Can I enter prpfit from 2021 anf 2022 in fixed/ final tax under NSC profit from previous years u/s 39 (4A) with 15% tax deduction without getting approval from commissioners? Pleaee guide.
Sir for last three years refundable amount shown at the end in return butt every year in i didn't put previous refundable amount in 92101 box. So this year only last year refundable amount is carry forward. What is the reason all years amount is not accumulated even i put genuine adjustment in adjustments? Perhaps i should put every year previous amount in 92101 for carry forward otherwise all precious refundable amounts gone nill.
In 2024 Tax return I tried to adjust my previous year refund against the admitted Tax for current 2024 year on line 92101 but It is not deducting this amount from my admitted Income Tax, and simply convert my previous year refund into "Zero" Can you please explain about this? why this problem is again happening?
میرے ایک کلائینٹ کا کل ٹیکس 1،073،190 روپے بنتا تھا، جس میں سے 832،763 اس سے ودہیلڈ ہو گیا تھا۔ اب واجب الادا رقم 240،427 تھی۔ پچھلے تین سالوں سے اس کا ایڈجسٹبل ریفنڈ 153،776 بنتا تھا۔ میں نے آپ کے بتائے ہوئے طریقے کے ساتھ بہت کوشش کی لیکن ہر بار Iris اس کو زیرو کردیتا ہے۔ کیا وجہ ہے، میں کہیں غلطی کررہا ہوں یا کوئی اور وجہ ہے؟
assalam o alaikum sir whare we can write refund adjustment of previous against demand of this year in 114(1) (Simplified Return for Small and Medium Enterprise u/s 2(59A) having turnover up to 250 Million)
JazakALLAH Faheem Saheb
👍
Yar kamaal hai, I am owed 170k through final/fixed tab, I guess I would have to apply for refund manually.
😂
Very informative sir
👌
Asalam alikum faheem sb
Sir aik vedio bnain jis main retire mulazim ke jis ne half tax year salary li phir retire ho gaya aur baqya half tax year wo pention leta raha hay,
Us main sir leave incashement ,graduaty, GP fund ye sari values btain kahan adjust kren❤
Sir i filed my 2017-2018 Return with 1920PKR Extra Paid tax which was shown as 1920PKR as refunable in 2018-19 Return and i also adjusted 1920PKR in 2018 -19 Return. Now FBR issue me notice that i need to provide proper verification against 1920PKR . Kindly suggest.
Show the evidence to them
نہیں سر... اتنی ہی ایڈجسٹ منٹ لینے کی کوشش کی جتنا ٹیکس درکار ہے لیکن سسٹم ایڈجسٹ منٹ نہیں دے رہا ہے...
میرا ریفنڈ دوہزار تئیس میں دو چھتیس کے کی وجہ سے بن گیا... آج ہی میں نے کل ریفنڈ کی بجائے درکار ٹیکس کی اماونٹ ڈالی لیکن سسٹم اسے زیرو کر دیتا ہے...
Very nice, can you share vedio on imputed income how to calculate by reverse approach in order to tax deducted under FTR ....
Please bataen jis ghar me reh rhy hain uska property tax yearly pay kartay hain wo bhi add kr saktay hain returns me, kis jaga add karen
Yes yearly need to pay, also need to report in tax return, part of expenses, rent, rates and taxes
Technically it is incorrect. The field has been blocked by FBR becoz tax once filed and refund if any is calculated the same will be refunded by FBR on claim lodged by tax payer. What u are telling is Jugar pls comment!! BTW your logs are extremely useful 👏
It is refund, and right of tax payer, so what is the issue in it.
What to do in case of tax refundable in previous return due to Zakat
Sir very informative video. Sir kindly tell if DC value of a sold house is more than the actual sale value. Advance tax is paid on the DC value. Which value should be written in the return?
Sir salary person already pay the tax in advance and year end also advance tax is paid on utilities bill
At which column we have to add utility tax to get add in refundable amount
Advance tax during the year will adjustable against monthly deduction of salary
Go to the "Adjustable Tax section", then :
"Electricity Bill of Domestic Consumer u/s 235"
"Telephone Bill u/s 236(1)(a)"
"Cellphone Bill u/s 236(1)(a)"
You can add the amount in these boxes by clicking + sign on the right side
فہیم صاحب ! یہ پچھلے سالوں کے ریفنڈ کس کوڈ میں جمع کرکے پھر اسے کمپیٹوشن میں جاکر ریفنڈ ایڈجسٹ جو جائے گا ۔
آپ لیکچر سے ریٹرن میں کوڈ واضح بتایا کریں ۔شکریہ
Watch complete lecture, already explained, practical
Refund available from last year against 155 but system is not allowing it
@@mehtabhussain8301 how much amount?
@@faheempracticallearning 3m
Dear Sir 2024 me refund adjustment of other year ka tab adjustment kry ga?
Yes
I've checked. Its still not working and showing zero. Pls guide
Follow same as mentioned in lecture
Followed the tutorial. However, its still showing zero after clicking calculate in salary return.
Sir, If a salary person regular 4 year refund e.g. Rs. 1000+1000+1000+1000= Rs. 4000 how to adj. If company deducted every year withholding from salary. Please guide
Why refund created?
Sir what will be the scenario against electricity bill. If some one has more then 100000 refund against previous year. But iris is not adjusting.
M ney pichley 3 sal ka refund adjustable m nhi likha ab m 3 sal ki return rewise ker k usey adjustable m dal ker 24 ki return m tax payment m adjust kerwa.sakta hu kia
Functions / Gatherings Charges u/s 236CB ko kese claim kia jae? marriage hall walo se koi particular receipt leni hogi iske liye?
Yes ask him to share CPR, after deposit in bank.
Purchase immovable property u.s 236k is adustable?
Yes
I try to adjust last year 236k adustable tax but not current year adusted, when try zero show.plz explain this error.
@@Arifi-c5b for this 1st need to approve from local tax office
i did a mistake on 2023 submission, i didnt add 2% property tax in refunable tax as i dont know this was refundable, now in 2024 how to claim last year 2% WHT on property to adjust in admited tax?
Advance income tax claimable in same year,
❤❤❤
👌
my admitted tax is around 155k and I have tax refundable around 165 from last year how to adjust the same with this year as I am unable to do the same in this year
File application, in FBR office, and strong follow up for recovery of refund, normally it is not easy task
sir, my employer has already adjusted that refundable against my income tax but how to treat this is return @@faheempracticallearning
agar refund adjust ker k bhi bachta hai to kia wo bank main account main automatic return ho sakta hai??
actually har saal utility bills main bht ziada advance tax withhold ho jata hai.hamesha tax liability se ziada h withhold hoa hta hai??
No, 1st need to apply, refund back is not easy task, still you can apply if remaining
Mera tax is dal naheen bantam balke refund bantam he. Pichle sal bhe refund rehta he ab Kia karoon?
Adjust if really available
How to calculate bank monthly fed tax will it can be added in iris?
It is part of expenses
So it can not be claim for refund?
sir me ne bi excel me type kr ke usko copy kr paste kiya return me lakin wo mera tax adjust nai huwa
check really refund available in previous years ?
Sir, your information is hotchpotch in nature and i couldn't understand what you want to say actually?
Watch complete, lecture don't forward
Sir agar tax year 2022 ka refund hum half is year 2023 ma claim kar latay hai, to next half jo claim nai kiya wo 2024 ma claim kar sakty hai?
How to claim half year?
@@faheempracticallearning I mean Last year ka jo Tax Refund tha Suppose 100 is Year 2023 ma hum na 50 Adjust kar liya and system na accept b kar liya. Ab to remaining 50 ha 2022 ka , kya wo 2024 ma hum dubara adjust kar sakty hai?
@@imran46404 yes, it will adjust in total, same explained in lecture
I purchase a plot on installment however, I show full payment in the IT return and remaining amount shown in liabilities.
Can I now show the payment made till todate in the IT return OR I have to revise my last IT return
Plz guide
I have refund available from previous years, and this year I have more refund. So looks like my refund is being accumulated for possibly future years. How can I claim that refund? Will it be manually, if so how do to so? Thanks!
How many past years can b claimed as refund
No time limit, but it must be really refund
Sir, my special savings certificates profit is more than 5 million, falling in normal tax in " Other sources". This profit is from three years( 2021, 22 and 23).
Can I enter prpfit from 2021 anf 2022 in fixed/ final tax under NSC profit from previous years u/s 39 (4A) with 15% tax deduction without getting approval from commissioners?
Pleaee guide.
If more thn 5 filling thn no need
@@faheempracticallearning Can I enter profit from previous years at 15% in 39(4A) without commissioners approval?
Question ye he ke jis ne return hi 2022 ki submit ki he wo kis tarah se refund claim kare
1st need to file if need claim
And my another question is why the tab of rental income is not available on portal for indivisual
@@muhammadfurqanhameed5217 have, check property income
May refund wale tab may amount likta ho to oho zeo hojata hy kya waka hay iske
watch lecture and apply the same logic
AOA,
Agr last year refund tha or is saal b refund hi to phr kase adjust kare? secondly kia hm manually refund apply kar sakhte hi?
Waiting for you reply
W.salam
Already replied in lecture, that how to adjust
Sir for last three years refundable amount shown at the end in return butt every year in i didn't put previous refundable amount in 92101 box. So this year only last year refundable amount is carry forward. What is the reason all years amount is not accumulated even i put genuine adjustment in adjustments? Perhaps i should put every year previous amount in 92101 for carry forward otherwise all precious refundable amounts gone nill.
As per logistic, this must be, but FBR always focus on his income not on tax payers right
@@faheempracticallearning 👌.
In 2024 Tax return I tried to adjust my previous year refund against the admitted Tax for current 2024 year on line 92101 but It is not deducting this amount from my admitted Income Tax, and simply convert my previous year refund into "Zero" Can you please explain about this? why this problem is again happening?
اگر پچھلے 3 سالوں میں ریفنڈ 1 لاکھ روپے سے زیادہ ہو اور کسی طور پر ایڈجسٹ نا کیا گیا ہو تب صرف ریفنڈ کلیم ہوگا ایسا ریفنڈ ایڈجسٹ نہیں ہوتا
Sir jinki refund ki amount 100k ya os se zeyda ha oska wo 1 rupee b adjust nh krne de rha why
Prepare like this, also check in previous year really refund available
@@faheempracticallearning yes sir only in 2022 return, refund amount is 300k
ni adjust ho rha bai
@@fakhramumtaz-g2i check really refund available
Sir jee pachle ka b refund pending tha
میرے ایک کلائینٹ کا کل ٹیکس 1،073،190 روپے بنتا تھا، جس میں سے 832،763 اس سے ودہیلڈ ہو گیا تھا۔ اب واجب الادا رقم 240،427 تھی۔
پچھلے تین سالوں سے اس کا ایڈجسٹبل ریفنڈ 153،776 بنتا تھا۔ میں نے آپ کے بتائے ہوئے طریقے کے ساتھ بہت کوشش کی لیکن ہر بار Iris اس کو زیرو کردیتا ہے۔ کیا وجہ ہے، میں کہیں غلطی کررہا ہوں یا کوئی اور وجہ ہے؟
نہہیں کررہا ایڈجسٹ❌❌❌
Sir where is ur office.
Lahore for any issue you can contact on this number 0300-7574731
Please assist to find tax credit u/s 61 on life insurance premium,,, it’s disappeared
ختم 2023 سے
assalam o alaikum sir whare we can write refund adjustment of previous against demand of this year in 114(1) (Simplified Return for Small and Medium Enterprise u/s 2(59A) having turnover up to 250 Million)
Not working in all cases
Try
I have refundable amount of 167000 in year 2022 but still it resets to zero in current returns
Follow same logic, as explained in lecture
@@faheempracticallearning I have followed same logic but still refund reset to zero
@@electtaxila check previous return, really refund available
@@faheempracticallearning I have checked..refund is available in 9210
I mean from last year carry from adjustable tax?
کسی صورت میں ایڈجسٹ نہیں کررہا۔
Check previous period really refund available
@@faheempracticallearning
Yes available. Also file last 5 yrs 170 applications but result zero
@@abumuaviyah adjustable tax?
try after some time, make same logic
Yes. ATR